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2011 | OriginalPaper | Buchkapitel

10. Sources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey

verfasst von : Susan Coleman, Alicia Robb

Erschienen in: The Economics of Small Businesses

Verlag: Physica-Verlag HD

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Abstract

This article uses data from the Kauffman Firm Survey to explore the financing sources and strategies of new technology-based firms. Findings reveal that technology-based firms, and particularly high tech firms, raise larger amounts of capital at startup than firms on average. These findings also suggest that, contrary to the Pecking Order and Life Cycle theories, owners of high tech firms are both willing and able to use external equity as a financing source.

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Metadaten
Titel
Sources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey
verfasst von
Susan Coleman
Alicia Robb
Copyright-Jahr
2011
Verlag
Physica-Verlag HD
DOI
https://doi.org/10.1007/978-3-7908-2623-4_10

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